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CP 2–10

17 August, 2015 - 11:57

The following trial balance was prepared from the books of McQueen Corp. at its year–end, December 31, 2015. The new bookkeeper was unable to balance the accounts or to list them in their proper order. Individual account balances are correct, but debits may be classified as credits and vice-versa.

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Required: Prepare a corrected trial balance showing the accounts in numerical order and balances in the correct column. Total the columns and ensure total debits equal total credits. Assume all accounts have normal balances.